PENCD-TRS-DEFINED CONTRIBUTION
- Introduced Feb 8, 2023
- In committee Feb 8, 2023
- Died
- Passed the House
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Amends the Downstate Teacher Article of the Illinois Pension Code. In a provision that requires the System to automatically enroll certain employees in the System's defined contribution benefit, provides an exception for employees whose school district provides an alternative qualifying plan. Provides that the alternative qualifying plan shall abide by the automatic enrollment procedures and automatic increase in…
Read the full title (103 words)
Amends the Downstate Teacher Article of the Illinois Pension Code. In a provision that requires the System to automatically enroll certain employees in the System's defined contribution benefit, provides an exception for employees whose school district provides an alternative qualifying plan. Provides that the alternative qualifying plan shall abide by the automatic enrollment procedures and automatic increase in contribution provisions applicable to the System's defined contribution benefit. Sets forth additional requirements for alternative qualifying plans. Requires a school district that has an alternative qualifying plan to file a letter of compliance, passed by resolution of the school board, with the System. Effective immediately.
Every action
6 steps, oldest first, as the legislature records them.
- SenateFiled with Secretary by Sen. Robert F. Martwick
- SenateFirst Reading
- CommitteeReferred to Assignments · Senate Assignments
- SenateAdded as Co-Sponsor Sen. Laura Fine
- SenateAdded as Co-Sponsor Sen. Adriane Johnson
- SenateSession Sine Die
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it, joined by 2 cosponsors: 2 Democrats.
-
Robert F. MartwickD Primary sponsor · District 10
All 2 cosponsors
From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.